HAEDAL/USDT – Strong Bullish Momentum Detected
Date: May 21, 2025
Timeframe Analyzed: 15-Minute Chart
Current Price: 0.1794 USDT
24h Change: +74.01%
24h High/Low: 0.2263 / 0.1031 USDT
Volume (HAEDAL): 276.39M
Technical Overview:
1. Price Action:
HAEDAL has experienced an explosive bullish move, jumping from 0.1031 to a peak of 0.2263, marking a massive +119% intraday swing. The current price has retraced slightly and is stabilizing at 0.1794, suggesting consolidation after the spike.
2. Volume Surge:
Volume peaked at 501K, indicating strong interest and momentum from bulls. This kind of volume typically precedes a breakout or trend continuation.
3. RSI (6):
The RSI is currently at 26.16, which is unusually low for a bullish move and may indicate short-term cooling off or potential manipulation; however, it can also be seen as a setup for the next leg up after healthy consolidation.
4. MACD & Histogram:
MACD shows a narrowing histogram with a potential bearish crossover forming — suggesting caution for late entries. However, the overall momentum remains above neutral.
5. Stochastic (K/D/J):
K: 41.65
D: 48.16
J: 28.62
Stochastic indicators are beginning to bottom out, hinting at potential upward pressure in the short term once consolidation completes.
---
Trading Signal: STRONG BULLISH BIAS
Recommended Strategy:
Entry Zone: 0.1680 – 0.1750 (pullback support levels)
Target 1: 0.2050
Target 2: 0.2260 (recent high)
Stop Loss: 0.1540 (below recent retracement support)
Risk/Reward Ratio: ~1:2+
Key Watch: If HAEDAL can maintain above the 0.1790 mark with volume recovery, a breakout retest of 0.2263 is likely. Watch for any bullish MACD crossover in the next few candles.